The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-09-26
BRA psrsEEr's WEEKLY nEyIEEw

W "
Condition Ut tho Trade III Wuol--The Metal
U4 Market. ID
New YoRK, Sept. 23.-1n this weeks
isauo Brcdstrstts says:
No change Of any Importance Is appar-
ent In the state OF tho wool market. Buy
era are operating with great moderation
and prices rulo in their favor. There
neems to be rather better tone in the
trade than week or two ago, but this 10
shout the ex!en. OF whatever improve
ment hiss occurred. Tho volume Of sales
han not increased materially. Tha out.
look, however, 10 more hopeful than for
some time past The leading manufacture
era have received fair orders for light.
weight goods and the recent free move.
ment Of hcavyweighss from iobbers 10 &C.
counted 9 particularly promiaing nign,
Still there is much preeeufc to sell on the
part Of financially weak holders both East
and West, and the pressure due In great
Geaaure to the groRt COG. o! carrying on
the borrowed money. Speculative buying
Is also wanting. The likelihood OF any
decided rise in values just yet accordingly
is small. The autumn ehearing 10 under
way in Texas. II 10 understood that no
Eastern buyers have gone there. Eastern
houses, are so doing little at tho West, as
holders there are pretty firm In their de-
mauds. Notwithstanding the general de.
cline in prices sinca the ep:iDg clip was
taken, good attendance at the London
sales with active competition haa been 70.
ported until within a day or two. The
market ia still irregular, ranging occasion.
ally in buyers favor, though some OF the
eelcctionG continue In atsoEg demand,
Choics Port Phillips wool at Liverpool Is
cato . ID cheaper than last year, but costs
about the came 90 two yeats sgo, while
poorer stuff has not declined 90 much,
The imports of wool into this country
show a, continuous falling of as compared
with last year and there Is more or less
talk shout deficiency in the aggregate
supply. The Doeton market shows no
animation and no change OF moment in
any respect. Buyers are ntill restricting
their operations and prices are low.
Round lots can be disposed OF at concess.
Ions but not otherwise, and further con.
DECISIONS are not made by those holders
who are abln to whit fer developments.
The amount OF business in aight az the
mills ia increasing, and THU Tact will have
weight in determining the course Of trade
in material during the yest Of the year
Some largo sales Of Territory wool are 70
ported. In fine Ohio aud Michigan ilaeees
only moderate amount OF busineas ia do,
| Ing. The range values continues very
low, as will be geen from the following
comparative statement: F
Sept q, Sept ?. Sept. Is,
..s .s-s--IL 1855 1896 lsS7.
Ohio and Pennsylvania X.3gaS3 Sse3l 3las2
Ohio aud Pennsylvania Is. st
XX aud aboyc..."..,.......s5aga a5ssG 50
Michigan ". ..........."......Jla 3i a2a33 29a30
Fine Ohio dclaine.........~.....g6a37 36a37 S5a36
40 comh!ps;....". .,..."....S6a31H Is Ia.9
texas Spring, Il Mohths... -...." 93n.G l0a2l
The Gales OF the eek at Boston ere re-
ported ut 9, 275,OOO poundn, as compared
with l, Ss3. 600 last week and &, 100000 in
the corresponding week year ago. At
Philadelphia wool has ruled dull and
weak. Larger transactions in foreign car.
pet stock swell the total business OF the
week to l.4Sl 600 pounds, as against OIL.
600 pounds last week, but the general de-
mand Tor domestic woola haa baen light
and unsatisfactory. Trade is retarded by
tho monetary stringency, which inciines
MI classes OF operators to keep close with
in the limits Of actual requirements,
Thera is no quotable change in values,
but the general poaition fayors buyers.